Thanks for the correction, I indeed misremembered where exactly the margin calls came from. I guess the gist of the point I was trying to make still stands th

Thanks for the correction, I indeed misremembered where exactly the margin calls came from. I guess the gist of the point I was trying to make still stands though. SVB was not the first fallout from rising yields on long duration assets. There is probably more improper hedging of duration risk out there.